Fasne Test Equipment Pvt Ltd

Fasne Test Equipment Pvt Ltd - musical instruments in Miraj, Maharashtra, India. Directors, charges & compliance details.
CIN U31200PN1987PTC044159 Incorporated 23 July 1987 ROC Pune HQ Miraj, Maharashtra, India
Converted to LLP Private Limited Company musical instruments
Data last updated
Revenue · FY 2025
₹1.04 Cr
▲ 64% YoY
Net profit · FY 2025
₹90.38 Lakh
Net margin 86.9%
EBITDA · FY 2025
₹99.26 Lakh
EBITDA margin 95.4%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹39.82 Lakh
Issued & subscribed
Satisfied charges
₹20.5 Lakh
No open charges
Company age
39 yrs
Est. 1987
Directors on board
6
As per MCA filings

About Fasne Test Equipment Pvt Ltd

Data last updated:

Fasne Test Equipment Pvt Ltd was a private limited company based in Miraj, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the sports goods segment of the musical instruments sector. It was incorporated on 23 July 1987.

The company was registered with the Registrar of Companies (ROC), Pune, under CIN U31200PN1987PTC044159. Its GSTIN is 27AAACF2920K1ZR (Maharashtra).

The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹39.82 Lakh. It was led by directors including Rahul Anant Deshpande and Shankar Ramkrishna Joshi.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office was at Miraj, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.04 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹90.38 Lakh (net margin 86.9%) and EBITDA of ₹99.26 Lakh (EBITDA margin 95.4%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 17% over five years.

Its group structure includes 1 subsidiary.

As per MCA filings, the company has satisfied charges of ₹20.5 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.

The last known website on record is finegrouptest.com.

Company details

CIN U31200PN1987PTC044159
Registration Number 044159
Incorporation Date 23 July 1987
ROC Pune
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

Fasne Test Equipment has one previous CIN (Corporate Identification Number): U31200MH1987PTC044159. The current CIN is U31200PN1987PTC044159, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U31200PN1987PTC044159Current
U31200MH1987PTC044159Previous

Contact details

Fasne Test Equipment Pvt Ltd's registered office is in Miraj, Maharashtra. Its website is finegrouptest.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Apps
  • Registered Address
    Gala No – 3 Lokmanya Complex, Pandharpur Road, Miraj, Maharashtra, India – 416410
  • Industry
    Musical Instruments, Sports Goods, Musical Instrument, Manufacturing, Jewellery

To see the full contact details of Fasne Test Equipment Pvt Ltd, buy the company report.

Comprehensive company report
Fasne Test Equipment Pvt Ltd - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Fasne Test Equipment is manufacturing. In detail, this covers other manufacturing.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing32Other manufacturing

To see the full business activity and turnover split of Fasne Test Equipment Pvt Ltd, buy the company report.

Financials of Fasne Test Equipment Pvt Ltd

FY 2025 filings available

Fasne Test Equipment Pvt Ltd reported revenue of ₹1.04 Cr (up 64% YoY) for FY 2025.

Revenue · FY 2025
₹1.04 Cr ▲ 64%
Net profit · FY 2025
₹90.38 Lakh margin 86.9%
EBITDA · FY 2025
₹99.26 Lakh margin 95.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 64%
3 years · compounded
▲ 4%
5 years · compounded
▼ 17%
EBITDA CAGR growth
3 years · compounded
▲ 70%
5 years · compounded
▲ 32%

Revenue rose 64% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹99.26 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹90.38 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin95.4%
Net Profit Margin86.9%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Fasne Test Equipment Pvt Ltd, buy the company report.

Board of directors of Fasne Test Equipment Pvt Ltd

Fasne Test Equipment has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Rahul Anant DeshpandeDirector16 Oct 200917 Years 0 MonthsAs last reported
Shankar Ramkrishna JoshiDirector23 Jul 198739 Years 3 MonthsAs last reported
Shardul Yashwant KulkarniAdditional Director12 May 201610 Years 5 MonthsAs last reported
Yashvant Vasudeo KulkarniDirector23 Jul 198739 Years 3 MonthsAs last reported
Arati Anant DeshpandeDirector01 Apr 200818 Years 6 MonthsAs last reported
Anita Shankar JoshiDirector01 Apr 200818 Years 6 MonthsAs last reported

Auditor

Fasne Test Equipment Pvt Ltd is audited by A.V.MANAVI &CO. for the financial year 2017.

Auditor firmFinancial yearFirm registration number
A.V.MANAVI &CO.FY 2017125283W

Shareholding

The shareholding of Fasne Test Equipment Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Fasne Test Equipment Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹20.5 Lakh
Breakdown by lending institutions
Bank of Baroda₹0.21 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Nov 200290086237Bank of Baroda₹6 LakhSatisfied
28 Dec 199990082619Bank of Baroda₹8.5 LakhSatisfied
20 Feb 199890084785Bank of Baroda₹6 LakhSatisfied

To see the full charge records of Fasne Test Equipment Pvt Ltd, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Fasne Test Equipment Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Fasne Test Equipment has 1 subsidiary company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Netpulse Software Solution Private LimitedU74999PN2016PTC167388

To see the full group structure of Fasne Test Equipment Pvt Ltd, buy the company report.

GST

Fasne Test Equipment has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACF2920K1ZRMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Fasne Test Equipment Pvt Ltd, buy the company report.

Recent activity

Fasne Test Equipment Pvt Ltd has 10 board changes on record since 1987: 6 appointments and 4 cessations. The latest: Shardul Yashwant Kulkarni was appointed as Additional Director on 12 May 2016.

AGM
Fasne Test Equipment Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Fasne Test Equipment Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Shardul Yashwant Kulkarni was appointed as Additional Director.
Ceased
Yogini Yashwant Kulkarni ceased to be Director.
Charges
A charge registered on 30 Nov 2002 via Charge ID 90086237 with Bank Of Baroda was fully satisfied on 07 May 2010.
Charges
A charge registered on 28 Dec 1999 via Charge ID 90082619 with Bank Of Baroda was fully satisfied on 07 May 2010.
Charges
A charge registered on 20 Feb 1998 via Charge ID 90084785 with Bank Of Baroda was fully satisfied on 07 May 2010.
Ceased
Anant Dattatraya Deshpande ceased to be Director.
Appointed
Rahul Anant Deshpande was appointed as Director.
Appointed
Anita Shankar Joshi was appointed as Director.
Appointed
Arati Anant Deshpande was appointed as Director.
Ceased
Kishor Sadashiv Mirashi ceased to be Director.

7 earlier events are in the company report.

Frequently asked questions

Fasne Test Equipment has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Fasne Test Equipment was a private limited company based in Miraj, Maharashtra, India. The company worked in sports goods, within the musical instruments industry. It was incorporated on 23 July 1987 and is registered under CIN U31200PN1987PTC044159. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Fasne Test Equipment is U31200PN1987PTC044159. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Fasne Test Equipment had 6 directors:

Fasne Test Equipment was incorporated on 23 July 1987. It is registered with the Registrar of Companies, Pune.

Fasne Test Equipment can be reached through the website finegrouptest.com. Its registered office is in Miraj, Maharashtra, India.

The registered office of Fasne Test Equipment is at Gala No – 3 Lokmanya Complex, Pandharpur Road, Miraj, Maharashtra, India – 416410.

The latest financial statements of Fasne Test Equipment on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Fasne Test Equipment is 27AAACF2920K1ZR, registered in Maharashtra.

Fasne Test Equipment operated in the musical instruments industry, in the sports goods segment.